August 9, 2024

Seoul shares up 1.41 pct as U.S. recession fears ease

South Korean stocks traded 1.41 percent higher late Friday morning as better-than-expected U.S. jobless data revived investors’ appetite for risky assets after the biggest loss earlier this week.

The benchmark Korea Composite Stock Price Index (KOSP…

Number of COVID-19 inpatients surges sixfold in four weeks

The number of patients hospitalized for COVID-19 has grown sharply in South Korea recently amid a virus resurgence in summertime nationwide, health authorities said Friday.

The number of people admitted to 220 hospitals nationwide for COVID-19 came …